The Rise of India's Billionaires

India has the world's largest population, but can it be the next global economic superpower? Or will extreme poverty, inequality, unemployment, and lack of industrialization and manufacturing capacities hold it back? Why is the Western media so eager to portray India as a pro-Western alternative to China? Ben Norton is joined by economic historian Jyotishman Mudiar to explore these questions and more. VIDEO with charts here: https://www.youtube.com/watch?v=hXU42fqJ6g4 Check out Jyotishman's channel India & Global Left: https://www.youtube.com/c/IndiaGlobalLeft Topics 0:00 Intro 4:32 Is India the next economic superpower? 12:37 Technology 16:39 Geopolitics 20:27 Indian stock market 22:37 Quality of life 34:21 Billionaire oligarchs like Adani & Ambani 42:09 China controls its billionaires 44:42 China's state-owned enterprises (SOEs) 46:22 Manufacturing in India vs China 49:24 Privatization in India 54:37 India's manufacturing stagnation 56:58 Can services replace manufacturing? 1:08:02 India's dependence on US Big Tech 1:18:43 AI, automation, & population growth 1:29:50 Agriculture in India 1:43:09 Outro